{"id":2271,"date":"2014-12-01T07:23:03","date_gmt":"2014-12-01T12:23:03","guid":{"rendered":"http:\/\/olduvai.ca\/?p=2271"},"modified":"2014-12-01T07:23:03","modified_gmt":"2014-12-01T12:23:03","slug":"fed-rattled-by-elusive-inflation-but-loath-to-sound-alarm-yet-reuters","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=2271","title":{"rendered":"Fed rattled by elusive inflation, but loath to sound alarm yet | Reuters"},"content":{"rendered":"<p><a href=\"http:\/\/www.reuters.com\/article\/2014\/12\/01\/us-usa-fed-inflation-insight-idUSKCN0JF1BV20141201\">Fed rattled by elusive inflation, but loath to sound alarm yet | Reuters<\/a>.<\/p>\n<p style=\"font-size: 15px; font-family: georgia, 'times new roman', serif; line-height: 23px; padding: 0px; margin: 0px 0px 20px 0px;\">(Reuters) &#8211; With the U.S.\u00a0<span class=\"mandelbrot_refrag\"><a class=\"mandelbrot_refrag\" style=\"color: #006e97; text-decoration: none; cursor: pointer; outline-style: none; outline-width: initial; outline-color: initial;\" href=\"http:\/\/www.reuters.com\/finance\/economy?lc=int_mb_1001\" data-ls-seen=\"1\">economy<\/a><\/span>\u00a0humming along at its fastest clip in more than a decade, the Federal Reserve should be confident about its ability to weather a global slowdown and start lifting interest rates around the middle of next year.<\/p>\n<p style=\"font-size: 15px; font-family: georgia, 'times new roman', serif; line-height: 23px; padding: 0px; margin: 0px 0px 20px 0px;\">But then there is inflation.<\/p>\n<p style=\"font-size: 15px; font-family: georgia, 'times new roman', serif; line-height: 23px; padding: 0px; margin: 0px 0px 20px 0px;\">Interviews with Fed officials and those familiar with its thinking show the mood inside is more somber than the central bank&#8217;s reassuring statements and evidence of robust economic health would suggest. The reason is the central bank&#8217;s failure to nudge price growth up to its 2 percent target and, more importantly, signs that investors and consumers are losing faith it can get there any time soon.<\/p>\n<p style=\"font-size: 15px; font-family: georgia, 'times new roman', serif; line-height: 23px; padding: 0px; margin: 0px 0px 20px 0px;\">Despite undershooting the goal for three years, the Fed has long succeeded in convincing\u00a0<span class=\"mandelbrot_refrag\"><a class=\"mandelbrot_refrag\" style=\"color: #006e97; text-decoration: none; cursor: pointer; outline-style: none; outline-width: initial; outline-color: initial;\" href=\"http:\/\/www.reuters.com\/finance\/markets?lc=int_mb_1001\" data-ls-seen=\"1\">markets<\/a><\/span>\u00a0that the target was within reach. However, inflation expectations have begun slipping in recent weeks, threatening to amplify downward momentum from plunging energy prices and stuttering global growth.<\/p>\n<p style=\"font-size: 15px; font-family: georgia, 'times new roman', serif; line-height: 23px; padding: 0px; margin: 0px 0px 20px 0px;\">&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fed rattled by elusive inflation, but loath to sound alarm yet | Reuters. (Reuters) &#8211; With the U.S.\u00a0economy\u00a0humming along at its fastest clip in more than a decade, the Federal Reserve should be confident about its ability to weather a global slowdown and start lifting interest rates around the middle of next year. But then [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[303,305,426,841],"class_list":["post-2271","post","type-post","status-publish","format-standard","hentry","category-economics","tag-fed","tag-federal-reserve","tag-inflation","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2271"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2271\/revisions"}],"predecessor-version":[{"id":2272,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2271\/revisions\/2272"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}